Loneliness, depression, and anxiety are reaching epidemic levels among young Americans, and after pumping hundreds of billions of dollars into mental health care to fight those powerful emotions in and out of the school system, the federal government is asked to pay more. The U.S. Senate Committee on Health, Education, Labor & Pensions (HELP) held…

Economists and experts warned a Senate committee hearing this week that the U.S. government is close to disaster on the federal debt ceiling. The Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy conducted a hearing on Mar. 7 titled: “The Federal Debt Limit and its Economic and Financial Consequences,” with five expert…

Two U.S. senators are threatening to subpoena Sam Bankman-Fried, the founder of FTX, to compel him to testify at a Senate committee hearing on the collapse of his crypto exchange next week. Senators Sherrod Brown (D-Ohio) and Patrick Toomey (R-Pa.) demanded that Bankman-Fried testify at a Senate Committee on Banking, Housing, and Urban Affairs on…

Federal Reserve governor Lael Brainard has confirmed to Congress that fighting inflation was the organization’s “most important task,” marking a pivot from last year when she didn’t want the central bank to cut down on stimulus plans. Brainard, 59, was the top contender for the position of Fed Chair, but President Biden renominated Jerome Powell,…